Definition of Amortization

Babylon English
amortization
n. depreciation; decrease; gradual payment of debt

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Amortization definition was found in categories: Business & Finance(8)  Language, Idioms & Slang(3)  Science & Technology(1)  Sports(1)  Encyclopedia(1)  

Amortization Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Amortization
The repayment of a loan by installments.

BTS Transportation Expressions
Amortization
Charges applicable to assets recorded under capital leases. (BTS4)

BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin.
AMORTIZATION
The progressive reduction of a debt balance through structured payments.
Payment of a debt in installments of principal and interest that reduce the principal on your mortgage.

Glossary of petroleum Industry
amortization
1. the return of a debt, principal, and interest in equal annual installments. 2. the return of invested principal in a sinking fund.

Leasing
Amortization
The process of separating payments into principal and interest. An amortized loan is one in which the principal amount of the loan is repaid in installments over the life of the loan with each payment comprised of both interest and principal.

Raynet Business & Marketing Glossary
Amortization
the gradual elimination of a liability, such as a mortgage, in regular payments over a specified period of time. Such payments must be sufficient to cover both principal and interest. Also, writing off an intangible asset investment over the projected life of the assets.

Dictionary of Real Estate Terms
AMORTIZATION
The periodic principal pay down of a loan.

Debt Busters
Amortization
A payment plan which enables the borrower to reduce his debt gradually through monthly payments of principal.


Amortization Definition from Language, Idioms & Slang Dictionaries & Glossaries

Webster's Revised Unabridged Dictionary (1913)
Amortization
(n.)
The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.
  
(n.)
The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
  

WordNet 2.0
amortization

Noun
1. the reduction of the value of an asset by prorating its cost over a period of years
(synonym) amortisation
(hypernym) decrease, diminution, reduction, step-down
2. payment of an obligation in a series of installments or transfers
(synonym) amortisation
(hypernym) payment, defrayal, defrayment
(derivation) amortize, amortise

hEnglish - advanced version
amortization

amortization
\a*mor`ti*za"tion\ (&?;), n. [ll. amortisatio, admortizatio. see amortize, and cf. admortization.]
1. (law) the act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
2. the extinction of a debt, usually by means of a sinking fund; also, the money thus paid.



Amortization Definition from Science & Technology Dictionaries & Glossaries

EIA Energy Glossary
Amortization
The depreciation, depletion, or charge-off to expense of intangible and tangible assets over a period of time. In the extractive industries, the term is most frequently applied to mean either (1) the periodic charge-off to expense of the costs associated with nonproducing mineral properties incurred prior to the time when they are developed and entered into production or (2) the systematic charge-off to expense of those costs of productive mineral properties (including tangible and intangible costs of prospecting, acquisition, exploration, and development) that had been initially capitalized (or deferred) prior to the time the properties entered into production, and thereafter are charged off as minerals are produced.


Amortization Definition from Sports Dictionaries & Glossaries

maritime&shipping&trade
Amortization
The gradual diminishment of any amount over a period of time


Amortization Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Amortization
Amortization or amortisation is the process of decreasing or accounting for an amount over a period of time. Particular instances of the term include: Amortization is also used in the context of zoning regulations and describes the time in which a property owner has to relocate when the property's use constitutes a preexisting nonconforming use under zoning regulations.

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